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Bombay High Court Quashes Reassessment Notices and Orders Under Section 153 of Income Tax Act, 1961 for Lack of Valid Sanction and Non-Application of Mind. Reassessment proceedings initiated without proper approval under Section 151(2) and based on borrowed satisfaction are invalid.

The petitioner, Ashok Commercial Enterprises, filed nine writ petitions challenging reassessment notices dated 19th July 2021 and 14th July 2021 issue...

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Karnataka High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act Due to Lack of Tangible Material and Mere Change of Opinion. Reopening of Assessment After Full Disclosure and Acceptance of Logo Fee as Revenue Expenditure in Previous Years Held Impermissible.

The writ petition was filed by the assessee, a limited company manufacturing kitchen appliances, challenging a notice dated 11.02.2014 issued under Se...

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High Court of Bombay at Goa Quashes Reassessment Notice for Lack of Valid Reason to Believe in Income Tax Case. Failure to Disclose Material Facts Not Established as Petitioner Had Made Full Disclosure Under Income Disclosure Scheme, 2016.

The petitioner, Prabhakar Nerulkar, an individual engaged in real estate business, filed a writ petition challenging a reassessment notice under Secti...

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High Court of Bombay at Goa Delivers Judgment on Writ Petitions Challenging Rejection of GPSC Recommendations for Junior Scale Officer Posts. The Court Examined Whether the Cabinet Decision Was Arbitrary and Violative of Constitutional Guarantees.

The judgment concerns two writ petitions filed before the High Court of Bombay at Goa challenging a Cabinet decision of the Government of Goa. The dis...

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Madras High Court Considers Tax Revision Against Tribunal Order Restoring Equal Addition and Penalty Under TNVAT Act, 2006. Taxpayer Argues Stock Variation Computed from Notional Trading Method Without Physical Verification Cannot Sustain Penalty Under Section 27(3)(c).

The case involved a tax revision petition filed by M/s. Vista Garments, a registered dealer under the CGST Act, 2017, engaged in manufacturing hosiery...

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Supreme Court Allows BEST and EVEY Appeals in Electric Bus Tender Dispute. Tender Condition Requiring 200 Km Range in Actual Conditions Upheld as Valid and Non-Arbitrary.

The Supreme Court allowed the appeals filed by BEST and EVEY Trans Pvt. Ltd. and set aside the Bombay High Court's order dated 05.07.2022. The dispute...